Applied Materials (AMAT) CFO sells 5,000 shares in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Applied Materials SVP and CFO Brice Hill sold 5,000 shares of common stock in an open-market transaction. The sale occurred on February 17, 2026 at an average price of $361.2124 per share. After this sale, Hill directly holds 138,565 shares of Applied Materials stock.
This holding figure includes 85,503 performance share units and restricted stock units that convert into common stock upon vesting. According to the disclosure, 33,272 restricted stock units and 52,231 performance share units are scheduled to vest in installments in December of 2026 through 2028, with performance units vesting between 0% and 200% of the target amount based on achievement of specified performance goals and continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($1,806,062)
Net Sell
1 txn
Insider
Hill Brice
Role
SVP, CFO
Sold
5,000 shs ($1.81M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $361.2124 | $1.81M |
Holdings After Transaction:
Common Stock — 138,565 shares (Direct)
Footnotes (1)
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FAQ
What did Applied Materials (AMAT) CFO Brice Hill report in this Form 4?
Brice Hill reported selling 5,000 shares of Applied Materials common stock in an open-market transaction. The sale was executed at an average price of $361.2124 per share and left him with 138,565 directly held shares, including equity awards subject to vesting.
What equity awards are included in the Applied Materials (AMAT) CFO’s reported holdings?
The reported holdings include 85,503 equity awards consisting of performance share units and restricted stock units. These will convert into one share of Applied Materials common stock each upon vesting, provided vesting conditions and continued employment requirements are satisfied at future dates.
When are the Applied Materials (AMAT) CFO’s restricted stock units scheduled to vest?
The filing states that 33,272 restricted stock units are scheduled to vest in installments in December of 2026 through 2028. Vesting for these awards is conditioned on the CFO’s continued employment through each applicable vesting date specified in the plan documents.